{"id":34270,"date":"2021-12-08T11:51:03","date_gmt":"2021-12-08T00:51:03","guid":{"rendered":"https:\/\/cms.star1045.com.au\/?p=34270"},"modified":"2021-12-08T11:51:06","modified_gmt":"2021-12-08T00:51:06","slug":"two-brand-new-central-coast-suburbs-are-set-to-join-the-million-property-club","status":"publish","type":"post","link":"https:\/\/cms.star1045.com.au\/home\/two-brand-new-central-coast-suburbs-are-set-to-join-the-million-property-club\/","title":{"rendered":"Two Brand New Central Coast Suburbs Are Set To Join The Million Property Club"},"content":{"rendered":"\n

Maybe don\u2019t order Avocado toast this weekend at breakfast if you\u2019re in the market for a house because two new Central Coast suburbs are about to join the million-dollar property club.<\/p>\n\n\n\n

Tumbi Umbi and Point Clare are set to join the likes of Terrigal, North Avoca and Wamberal in the million-property club, with the median house prices in both suburbs sitting just under $1 million.<\/p>\n\n\n\n

The median house price in Tumbi Umbi is currently sitting at $990,000 having skyrocketed by over $300,000 since 2016.<\/p>\n\n\n\n

It\u2019s a similar deal for the bayside suburb of Point Clare, with the median house price sitting at $972,000.<\/p>\n\n\n\n

The median price has risen meteorically from just $705,000 in 2016.<\/p>\n\n\n\n

Speaking to NewsCorp<\/a>, Tim Lawless the director of CoreLogic Research said suburbs along the coast like Tumbi Umbi and Point Clare have seen a price surge.<\/p>\n\n\n\n

\u201cAreas where housing values have surged the most tend to be located along or close to the coast line, especially across regional areas where demand for lifestyle properties has surged,\u201d Mr Lawless said,<\/p>\n\n\n\n

\u201cEvery suburb across the state has recorded some level of growth over the past year, which is quite rare in itself.\u201d<\/p>\n\n\n\n

But it\u2019s nothing new for the Central Coast with Tumbi Umbi and Point Clare joining Terrigal, North Avoca, Copacabana and Wamberal who broke through the $1 million median price barrier earlier this year<\/a>.<\/p>\n\n\n\n

Copacabana was the biggest mover and shaker, with property prices in the beachside suburb surging a whopping 68% to a median price of $1.425 million according to data from realestate.com.au<\/a>. <\/p>\n\n\n\n

The median house price in North Avoca has risen from $928,750 to $1.277 million, whilst the median house in Wamberal has risen from $970,000 to $1.160 million. <\/p>\n\n\n\n

It is still statistics in Terrigal, with the median house price rising from $907,500 in February 2020 to $1.018 million in February 2021.<\/p>\n\n\n\n

Listen via the Star 104.5 Player, download it now via the <\/em>App Store<\/em><\/a> or <\/em>Google Play<\/em><\/a> and take Star 104.5 wherever you go.<\/em><\/p>\n\n\n\n

Images:\u00a0realestate.com.au \/ Belle Property<\/em><\/p>\n\n\n\n

By Bek Lougher<\/em><\/p>\n\n\n\n

SEE MORE: <\/strong>Get Ready To Make A Splash \u2018Cause There Is A Massive Water Park Coming To Lake Macquarie in 2023<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Maybe don\u2019t order Avocado toast this weekend at breakfast if you\u2019re in the market for a house because two new Central Coast suburbs are about to join the million-dollar property club. Tumbi Umbi and Point Clare are set to join the likes of Terrigal, North Avoca and Wamberal in the million-property club, with the median […]<\/p>\n","protected":false},"author":9,"featured_media":34271,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12,13],"tags":[1381,5540],"geo_market":[],"class_list":["post-34270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-lifestyle","tag-best-of-the-web","tag-central-coast-real-estate"],"acf":[],"yoast_head":"\nTwo Brand New Central Coast Suburbs Are Set To Join The Million Property Club - Star 104.5 Central Coast<\/title>\n<meta name=\"description\" content=\"Maybe don\u2019t order Avo toast at breakfast if you\u2019re in the market for a house because two new Central Coast suburbs are about to join the $1M+ club.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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